Smartnd (FRA:1SD) Inventories, Work In Process : €5.6 Mil (As of Mar. 2024)

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What is Smartnd Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Smartnd's work in process for the quarter that ended in Mar. 2024 was €5.6 Mil.

Smartnd Inventories, Work In Process Historical Data

The historical data trend for Smartnd's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Smartnd Inventories, Work In Process Chart

Smartnd Annual Data

Trend

Dec14

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Dec23

Inventories, Work In Process

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12.76

8.60

2.73

5.89

8.61

Smartnd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Work In Process	Get a 7-Day Free Trial															2.71	4.59	7.98	8.61	5.59

Smartnd Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Smartnd (FRA:1SD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Smart Sand Inc (FRA:1SD) » Definitions » Inventories, Work In Process

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SND:USA

Address

28420 Hardy Toll Road, Suite 130, Spring, TX, USA, 77373

Website

https://www.smartsand.com

Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

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